Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2013

Intersegment balances

There are no separate segment accounting policies. Intersegment balances that eliminate in consolidation have been applied to the appropriate segment.

	Advisory		Trust		Westwood Holdings			Eliminations			Consolidated
		(in thousands)
Three months ended September30, 2013
Net revenues from external sources	$	18,325	$	4,673	$	—		$	—		$	22,998
Net intersegment revenues		2,937		—		—			(2,937	)		—
Income before income taxes		8,701		771		(2,706	)		—			6,766
Segment assets		103,526		13,849		(12,449	)		—			104,926
Segment goodwill		5,219		6,036		—			—			11,255
Three months ended September30, 2012
Net revenues from external sources	$	15,226	$	3,715	$	—		$	—		$	18,941
Net intersegment revenues		1,564		3		—			(1,567	)		—
Income before income taxes		6,666		551		(2,886	)		—			4,331
Segment assets		83,744		13,932		(5,733	)		—			91,943
Segment goodwill		5,219		6,036		—			—			11,255
Nine months ended September30, 2013
Net revenues from external sources	$	53,108	$	13,465	$	—		$	—		$	66,573
Net intersegment revenues		7,194		9		—			(7,203	)		—
Income before income taxes		25,203		2,072		(8,057	)		—			19,218
Nine months ended September30, 2012
Net revenues from external sources	$	45,927	$	10,944	$	—		$	—		$	56,871
Net intersegment revenues		4,020		12		—			(4,032	)		—
Income before income taxes		20,091		1,712		(7,636	)		—			14,167